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Value Engineering

The goal of all our clients is to implement projects with the lowest Life Cycle Cost.  Unfortunately, there are typically several alternatives associated with a project that must be evaluated before a proper decision can be finalized.  In addition, these alternatives must be evaluated early in the project’s conceptual/preliminary phase when engineering information and budgets are limited.  CB&A understands the importance of selecting the right alternative in the most cost efficient manner early in the project results in project and portfolio savings.

 

CB&A can provide quality Value Engineering services because of our multi-disciplined staff of experienced professionals.  The average CB&A professional has over 20 years of experience.  This expertise is across all facets of a projects:  Conceptual Engineering, Detailed Engineering, Procurement, Construction, Start-Up, Turnover, and Maintenance.  CB&A’s professionals have been involved with projects of all sizes and across multiple industries in the Industrial and Commercial Sectors.  CB&A’s professionals have experience with the Design and Construction of all disciplines.  CB&A uses this experience to help our clients identify and select the most cost efficient solution that maximizes return on investment.

The following is a summary of our Value Engineering Capabilities:

  • Assembly & Facilitation of Project Teams
  • Identification Of Project/Business Objectives and Goals with Project Team
  • Identification/Development Of Alternatives To Be Evaluated (Includes Interfaces with Operations, Maintenance, Engineering, Safety, Environmental, Construction, & Equipment Vendors/Suppliers)
  • Conduct Studies On Alternatives.  Studies include impacts/risk associated with Technology, Business Priorities, Process Simplification, Energy Optimization, Facility Systems Performance, Waste Minimization & Management, Design To Capacity, Predictive Maintenance, Constructability, Safety, and Life Cycle Engineering.
  • Develop Project Execution Schedules
  • Develop Project Cash flows
  • Monte Carlo Risk Analysis
  • Develop Total Capital Cost Estimates For Different Alternatives
  • Develop Operation & Maintenance Cost Estimates For Different Alternatives
  • Identification of Replacement Cost
  • Conduct Life Cycle Cost Analysis/Economic Analysis
  • Develop Implementation Plans